NOT LISTED FOR SALE

201 Ocean Terrace Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $8,901,000 - $12,232,828

5 Beds
5.5 Baths
4,350 Sq Ft
$2,351/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $8,475,000 $1,948 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $66,690/month

109 Days on Market

Highlights

  • Property has ocean access
  • Community Cabanas
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Vaulted Ceiling
  • Garden View

About This Home

As of February 2021

Spectacular Monterey syle 5BR home built in 2019 is the quintessential North End famiily beach house with Cabana rights. Loaded with charm and unique details ch as baclonies off the 2nd story bedrooms each with phantom screens, the outdoor living room with pecky cypress vaulted ceiling and fireplace, pool with a sun shelf surrounded with coquina decking and seating area, a spa under the pergola, koi pond, first floor master suite, phantom screens and vaulted wood ceiling in the kitchen & dining areas, Thermador appliances, dark stained, varied plank oak floors on both stories, plantation shutters throughout, Lenox AC controls SONOS system. Elevator, Kohler generator, 2-car epoxy floor garage complete this superb offering.

Last Agent to Sell the Property

JIM McCANN

Premier Estate Properties, Inc License #397290 Listed on: 10/07/2020

Last Buyer's Agent

Crista Ryan

Tina Fanjul Associates, Inc. License #451844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,963

Year Built

  • Built in 2019

Lot Details

  • 0.3 Acre Lot
  • Sprinkler System
  • Property is zoned R-B

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 4,350 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Plantation Shutters
  • French Doors
  • Combination Kitchen and Dining Room
  • Den
  • Sun or Florida Room
  • Wood Flooring
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434303030000100

Community Details

Overview

  • Ocean Terrace Subdivision

Recreation

  • Community Cabanas

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,963

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Flagler Memorial Bridge to N County. Go north to Ocean Terrace.
  • Year Built: 2019
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Elevator, French Door(s)/Atrium Door(s), Fireplace, Kitchen/Dining Combo, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 4350.0
  • Dining Room Type: Den, Laundry, Dining Room, Florida Room
  • Stories: 2
  • Window Features: Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Balcony
  • View: Garden
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Security: Security System
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Cabana
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434303030000100
  • Lot Size Sq Ft: 13161.0
  • Zoning Description: R-B
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 41963.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2021
Sold by
Krasker Paul A and 201 Ocean Revocable Trust
Bought by
Goodwin Scott and Goodwin Kimberly
Current Estimated Value
$10,225,276

Purchase Details

Listed on
Oct 7, 2020
Closed on
Feb 12, 2021
Sold by
1963 Trust 201 Ocean Terrace Llc
Bought by
Krasker Paul A and The 201 Ocean Revocable Trust
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc
Buyer's Agent
Crista Ryan
Tina Fanjul Associates, Inc.
List Price
$8,475,000
Sold Price
$8,475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%

Purchase Details

Closed on
Feb 28, 2017
Sold by
Stefanski Marc
Bought by
1963 Trust 201 Ocean Terrace Llc

Purchase Details

Closed on
Dec 14, 2015
Sold by
201 Ocean Terrace Llc
Bought by
Stefanski Marc

Purchase Details

Closed on
Dec 27, 2012
Sold by
Lerner Barry L and Lerner Amy
Bought by
201 Ocean Terrace Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Goodwin Scott -- Attorney
Krasker Paul A $7,949,160 Attorney
1963 Trust 201 Ocean Terrace Llc $3,200,000 Attorney
Stefanski Marc $5,699,000 Attorney
201 Ocean Terrace Llc $1,750,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krasker Paul A $4,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $8,475,000 +6.6% $1,948 / Sq Ft
02/12/2021 02/12/21 Sold $7,949,160 0.0% $1,827 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/25/2021 01/25/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $7,949,160 -6.2% $1,827 / Sq Ft
10/07/2020 10/07/20 For Sale $8,475,000 -- $1,948 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $128,463 $8,602,668 -- --
2023 $125,818 $8,352,105 $0 $0
2022 $126,056 $8,108,840 $0 $0
2021 $84,918 $5,164,117 $2,882,259 $2,281,858
2020 $79,626 $4,759,988 $2,678,264 $2,081,724
2019 $42,126 $2,434,785 $2,434,785 $0
2018 $40,803 $2,434,785 $2,434,785 $0
2017 $37,655 $2,194,597 $2,194,597 $0
2016 $37,747 $2,194,597 $0 $0
2015 $24,053 $1,317,509 $0 $0
2014 $21,734 $1,197,735 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    JIM McCANN

    Premier Estate Properties, Inc. - Palm Beach

    (561) 307-1525

    30 in this area

    75 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    Crista Ryan

    Tina Fanjul Associates, Inc.

    (561) 313-1327

    22 in this area

    47 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10661376

BeachesMLS

APN: 50-43-43-03-03-000-0100

Florida Palm Beach County Palm Beach 33480 North End

201 Ocean Terrace, Palm Beach, FL

This home is located at 201 Ocean Terrace, Palm Beach, FL 33480 since 07 October 2020 and is currently estimated at $10,225,276, approximately $2,350 per square foot. This property was built in 2019. 201 Ocean Terrace is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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